Assistant Controller

WHO WE ARE:

We are asset managers with an insurance twist - we manage $8 billion of catastrophe and climate related insurance-linked securities (ILS). At Nephila, we like to shake up the status quo. We were pioneers in offering alternative funding to the reinsurance industry and were also the first to introduce a strategy specifically for managing climate-related risks. We have offices in Bermuda, London, and Nashville.

WHAT WE VALUE:

• Entrepreneurial spirit
• Thinking outside the box
• Collaboration, curiosity and authenticity  
• Interesting and innovative work
• Autonomy and ownership

ABOUT THE ROLE:

We are seeking an Assistant Controller to join our Operations team. In this role, you will provide support to the portfolio management, risk and capital teams for investment decisions and execution on an individual deal basis. You will be responsible for key investor reporting, communicating with large institutional investors. We are a small team, and you will be an integral part of the day-to-day. Our ideal candidate will have a proven track record of meeting tight deadlines in a fast-paced environment, an aptitude for data and analytics, and a collaborative approach to problem solving.

In this role, you will:

• Coordinate and oversee the day-to-day finance and operational functions of the firm. This extends to all areas of recording, monitoring, and accounting for the company’s (re)insurance-based and derivative portfolios from deal capture to financial reporting and forecasting.
• Work with the company’s fund administrator to confirm accurate and timely investor reporting, extending to detailed reviews of their work and reconciliations to internal accounts.
• Contribute to our loss valuation and claims management processes as a key team member
• Contribute to the annual audit and tax processes
• Collaborate with our Technology group to build more effective workflows
• Take charge of key internal and external reporting commitments to investors, counterparties, regulators and internal compliance
• Act as an escalation point for issues pertaining to transaction settlements and reconciliations of trades
• Represent the company with customers, brokers, custodians, auditors, and regulators

ABOUT YOU:

• a “general athlete” able to jump into a variety of different realms of work
• comfortable communicating complex ideas in simple terms to colleagues and clients
• comfortable with ambiguity
• a critical thinker
• naturally curious
• challenge the status quo
• have a client service mentality

WHAT YOU BRING TO THE TEAM (QUALIFICATIONS):

• Recognized professional accounting designation (CA, CPA or ACCA)
• 4 years’ post qualification experience of hedge fund, investment or insurance/reinsurance accounting
• Experience of assessing and explaining fund performance
• Experience with reviewing and valuing reinsurance contracts is preferred
• Strong data analysis skills
• Skilled at streamlining operational processes
• High proficiency in Microsoft Office applications
• Option to upgrade title and compensation for a qualified candidate with the right capabilities and a significant amount of relevant experience

WHAT WE OFFER:

• Total Compensation between 125,000-175,000 USD
• Comprehensive Medical, Dental and Vision coverage with premiums fully funded by the company
• Paid time off of 20 days per year, increasing with tenure, plus 10 sick days, and paid holidays
• Defined contribution benefit pension plan
• Annual wellness benefit up to $1000
• Variety of paid leave policies
• Daily lunch when working from a Nephila office

Nephila Advisors is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, age, familial status and other legally protected characteristics.